Botswana Most BTC/BWP volume happens person-to-person (P2P), … Paxful (⚡), LocalCryptos, etc. and on private chat channels such as in Telegram or WhatsApp chat groups. Popular payment methods include Orange Money, PayPal, Mukuru (remittance transfers), and domestic bank transfers. YellowCard

The southern African nation was removed from the Financial Action Task Force’s list of countries subject to more oversight for shortcomings in combating money laundering and terrorist financing in October.

The new rules require anyone seeking to offer cryptocurrencies or digital tokens in Botswana to get a license from the Non-Bank Financial Institutions Regulatory Authority and adhere to a list of conditions.